Hard Brexit to cost UK up to £66bn a year, says Treasury

Treasury coffers will take a £66 billion annual hit if Britain goes for a so-called hard Brexit, Cabinet ministers have been warned.
Leaked G overnment papers suggest leaving the single market and switching to World Trade Organisation (WTO) rules would cause GDP to fall by up to 9.5% compared with if the country remained in the European Union.
The d raft Cabinet committee paper seen by The Times is based on forecasts from the controversial study into the predicted impact of quitting the EU published by George Osborne in April during the referendum campaign.
Although the then chancellor... read more

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Treasury coffers will take a £66 billion annual hit if Britain goes for a so-called hard Brexit, Cabinet ministers have been warned.
Leaked G overnment papers suggest leaving the single market and switching to World Trade Organisation (WTO) rules...

Britain's economic recovery is at risk if it ends up with a so-called hard Brexit from the European Union, a respected think-tank has warned.
High levels of immigration and foreign capital helped the UK bounce back more quickly than single currency...

Britain's economic recovery is at risk if it ends up with a so-called hard Brexit from the European Union, a respected think-tank has warned.
High levels of immigration and foreign capital helped the UK bounce back more quickly than single currency...

A "hard Brexit" will cost UK companies an extra £1.2 billion a year, it has been estimated.
The Open Europe group, which is campaigning for Britain to keep the closest possible ties with Brussels, said that would be the cost of UK withdrawal...

A "hard Brexit" will cost UK companies an extra £1.2 billion a year, it has been estimated.
The Open Britain group, which is campaigning for Britain to keep the closest possible ties with Brussels, said that would be the cost of UK...

Brexit is projected to cost the Scottish economy up to £11.2 billion each year, according to the Scottish Government.
Leaving the European Union will also hit tax revenues by up to £3.7 billion annually, its analysis found.
First Minister Nicola...